Homes for sale - 6729 Fulton Ave, Van Nuys, CA 91401

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Gregory Masi

gregory@gregorymasi.com +1(310) 488-4880

$ 1,290,000

Est. payment | -/mo

8 Beds

6 Baths

4,416 SqFt

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$ 1,290,000

Est. payment | -/mo

Save

8 Beds

6 Baths

4,416 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,416 sqft

Price per Sqft $292

MLS Listing ID 24-406358

Bedrooms 8

Year Built 1954

Lot Size 5,805 Sqft

Acres 0.1333

Property Description

Fantastic 6-unit value add investment property located in Van Nuys. The mid-century apartment complex, built in 1954, offers a total of 4,416 square feet of living space, with each unit boasting 736 square feet on average. The building features a strong unit mix, of (2) spacious 2-bedroom/1-bath units and (4) 1-bed / 1-bath units. Several of the units have received interior upgrades over the years, including new shower tiling and enclosures. The building has received significant capital improvements including the installation of copper plumbing in certain areas, new exterior paint, a newly landscaped and luscious shared fruit/food garden, and approximately 75% new windows. The roof was also fully replaced in June 2023. Additionally, there is a separate parking space and storage unit for each apartment at the rear of the building. There's also a laundry room that is currently being used as an owner storage area, but can easily be converted back to a laundry facility for additional income. 6729 Fulton Ave is fully occupied and offers over 60% upside on the current rents!

Location

State CA

County Los Angeles

Area Valley Glen

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Window Unit(s)

Equipment None

Exterior

Garage Carport

Garage Spaces 6.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

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Gregory Masi

REALTOR® | Lic# 1708321

gregory@gregorymasi.com

+1(310) 488-4880

11601 Wilshire Blvd., Suite 101 Los Angeles, CA

6729 Fulton Ave Van Nuys, CA 91401

Gregory Masi

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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6729 Fulton Ave